However, the behaviour of consumer depends on some factors. There are number of factors in the study of consumer behaviour which plays important role in buying of any new product or services from the selling firm such as customer income, culture, technology, various types of personal factors.
The responsibilities of the board of directors includes the establishment of the audit and compensation committees. The audit committee is responsible for ensuring that the company's financial statements and reports are accurate and use fair and reasonable estimates.
An internal auditor performs a variety of reviews and assessments, providing the company board of directors with extremely important information about the operations of the business. This provides a greater level of independent and objective insight to the board, so they can see whether their directives are being achieved or not.